Koç Holding A.S. (KCHOL.IS) stock analysis
In our weekly check, Koç Holding A.S. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 4, red flags: 8.
About Koç Holding A.S.
Koç Holding A.S. is an Industrials company (Conglomerates), listed on IST as KCHOL.IS.
What our checks show for KCHOL.IS
Red flags
- Net debt is 3x a year of EBITDA (debt/equity 2.2). That limits room in a downturn and raises refinancing risk.
- The net margin fell by 6.4 points over 5 years, to 1.1%: the company keeps less of each sale as profit.
- The gross margin fell by 5.5 points, to 17.5%: costs are rising faster than prices.
- Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
- The net margin is only 1.1%: little room if costs rise.
- Free cash flow is negative (-6.9% of revenue): the business spends more cash than it brings in.
- The stock has fallen as much as 65% from a peak. Would you have held through that?
- Pay in shares equals 0% of free cash flow: it dilutes shareholders.
Warning signs
- Operating profit covers interest only 2.1 times: a weak year could make the payments hard.
- Earnings per share fell 33% a year over the last 3 years.
- Net profit fell 33% a year over the last 3 years.
- Return on capital (ROCE) is only 6.7%.
Strengths
- Analysts expect earnings per share to grow about 40.3% a year over the next years.
- Analysts expect revenue to grow about 16.4% a year over the next years.
- Revenue grew 51.5% a year over the last 3 years.
- The price is 13.7 times earnings (P/E), reasonable for its growth.
- Beta 0.27: the stock usually moves less than the market.
- Actively traded: about 27.3 million shares a day.
Next earnings report: 2026-11-02
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Questions
What grade does Koç Holding A.S. (KCHOL.IS) have?
In our weekly check, Koç Holding A.S. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 13 pass, warnings: 4, red flags: 8. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of KCHOL.IS stock?
This week's biggest flags for Koç Holding A.S.: High debt, Margins falling, Gross margin falling. In total 12 of 25 checks show a warning or a red flag.
What does Koç Holding A.S. do?
Koç Holding A.S. is an Industrials company (Conglomerates), listed on IST as KCHOL.IS.
When does Koç Holding A.S. report earnings next?
The next earnings report is expected on 2026-11-02. We re-run the checks every week, so the grade can change after it.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-31
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